Corporate Tax Law in UAE: What Natural Persons Need to Know
The UAE issued a new Corporate Tax Law (“CTL”) on 09 December 2022. The law establishes the legal framework for introducing and implementing a federal corporate tax in the UAE. …
Deepthi Raj
UAE Corporate Tax: Transfer Pricing Assessment
Transfer Pricing assessment has become an important aspect of corporate tax compliance in the United Arab Emirates (UAE), following the introduction of UAE Federal Decree-Law No. 47 of 2022. Transfer …
When Do Businesses Need Audited Financial Statements?
Audited financial statements are documents that confirm the correctness and entirety of a company’s financial records. They are prepared by qualified auditors who examine the company’s transactions, documents, and internal …
UAE corporate tax Income of Non-resident persons
The income of non-resident persons is subject to corporate tax in the UAE if it is derived from UAE sources. This includes income from business activities and investments. For personalized …
Demystifying the Differences Between Corporate Tax and VAT
Corporate tax, also known as company tax, is a direct tax levied by governments on the net profits/income of a registered company or corporation. It is calculated as a percentage …
Benefits of Double Taxation Treaties (DTTs) for Companies Operating in the UAE
The proliferation of tax treaties provides several benefits for the UAE. It encourages the flow of goods and services across borders and also aligns seamlessly with the nation’s economic diversification …
